Target CEO Ups Security

(CNN) — Target’s interim CEO has a message for customers. He said, “Guests can shop with confidence at Target.” John Mulligan replaced CEO Gregg Steinhafel, who resigned earlier this week. Target has been trying to fix its image since a massive data breach last year compromised the credit card information of millions of shoppers. Mulligan … Continue reading »

Target CEO Out

New York (CNN), — Gregg Steinhafel, the chairman and CEO of Target during the retailer’s massive breach of customer data last year, has left the company effective immediately. The company announced that the decision was made after “extensive discussions” between Steinhafel and the board. Steinhafel, 59, who had been with Target for 35 years, will … Continue reading »